Belpointe Asset Management LLC Invests $565,000 in First Trust TCW Securitized Plus ETF $DEED

Belpointe Asset Management LLC bought a new position in shares of First Trust TCW Securitized Plus ETF (NYSEARCA:DEED) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 26,722 shares of the company’s stock, valued at approximately $565,000. Belpointe Asset Management LLC owned approximately 0.82% of First Trust TCW Securitized Plus ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Jane Street Group LLC raised its position in shares of First Trust TCW Securitized Plus ETF by 378.5% during the 1st quarter. Jane Street Group LLC now owns 88,727 shares of the company’s stock worth $1,876,000 after acquiring an additional 70,183 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of First Trust TCW Securitized Plus ETF during the 1st quarter worth about $980,000. NewEdge Advisors LLC raised its position in shares of First Trust TCW Securitized Plus ETF by 2.3% during the 1st quarter. NewEdge Advisors LLC now owns 284,801 shares of the company’s stock worth $6,021,000 after acquiring an additional 6,471 shares in the last quarter. GDS Wealth Management raised its position in shares of First Trust TCW Securitized Plus ETF by 9.6% during the 1st quarter. GDS Wealth Management now owns 992,625 shares of the company’s stock worth $20,984,000 after acquiring an additional 86,699 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of First Trust TCW Securitized Plus ETF by 10.8% during the 1st quarter. Raymond James Financial Inc. now owns 159,125 shares of the company’s stock worth $3,364,000 after acquiring an additional 15,506 shares in the last quarter.

First Trust TCW Securitized Plus ETF Price Performance

Shares of NYSEARCA DEED opened at $21.50 on Friday. The stock’s 50-day simple moving average is $21.14 and its 200-day simple moving average is $21.06. First Trust TCW Securitized Plus ETF has a fifty-two week low of $20.29 and a fifty-two week high of $22.03.

First Trust TCW Securitized Plus ETF Company Profile

The First Trust TCW Securitized Plus ETF (DEED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of US securitized debt securities that have broad maturities. DEED was launched on Apr 29, 2020 and is managed by First Trust.